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Millions of Premium Bond customers who daydream about winning big are facing a
reality check as their chances of landing a cash prize are about to get
slimmer.

Premium Bonds offer some of the excitement of a flutter on the horses for the
risk-averse. The government-backed savings products are tax-free, 100 per
cent secure because they are backed by the Treasury and, unlike many savings
accounts, you can take your money out when you like without a penalty. For
their 22 million customers, it is hard to put a price on the possibility,
however distant it might be, of winning